Xylem Inc

XYL: XNYS (USA)
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Xylem Earnings: Full-Year Revenue Outlook Cut as Utilities Defer Discretionary Spending

Xylem's third-quarter adjusted EPS of $1.44 fell a penny short of the FactSet consensus estimate, while revenue of $2.2 billion missed expectations by 3.3%. Management lowered its full-year guidance and now anticipates adjusted EPS of $5.40-$5.45, down from $5.55-$5.70 previously.

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